Calamos Advisors LLC Acquires 158,928 Shares of Emerson Electric Co. $EMR

Calamos Advisors LLC grew its holdings in Emerson Electric Co. (NYSE:EMR) by 68.9% during the third quarter, HoldingsChannel.com reports. The firm owned 389,646 shares of the industrial products company’s stock after acquiring an additional 158,928 shares during the quarter. Calamos Advisors LLC’s holdings in Emerson Electric were worth $60,434,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of EMR. Raleigh Capital Management Inc. boosted its position in Emerson Electric by 21.0% during the 3rd quarter. Raleigh Capital Management Inc. now owns 363 shares of the industrial products company’s stock valued at $56,000 after acquiring an additional 63 shares in the last quarter. SeaCrest Wealth Management LLC raised its stake in shares of Emerson Electric by 1.1% during the 3rd quarter. SeaCrest Wealth Management LLC now owns 5,828 shares of the industrial products company’s stock valued at $904,000 after buying an additional 64 shares during the last quarter. TOWER TRUST & INVESTMENT Co increased its holdings in Emerson Electric by 0.8% in the third quarter. TOWER TRUST & INVESTMENT Co now owns 8,238 shares of the industrial products company’s stock valued at $1,278,000 after buying an additional 66 shares in the last quarter. Forvis Mazars Wealth Advisors LLC raised its holdings in Emerson Electric by 0.6% in the 3rd quarter. Forvis Mazars Wealth Advisors LLC now owns 12,044 shares of the industrial products company’s stock worth $1,868,000 after purchasing an additional 67 shares during the period. Finally, Raiffeisen Bank International AG increased its stake in Emerson Electric by 0.5% during the 2nd quarter. Raiffeisen Bank International AG now owns 14,777 shares of the industrial products company’s stock worth $2,110,000 after buying an additional 68 shares in the last quarter. 74.30% of the stock is currently owned by hedge funds and other institutional investors.

Emerson Electric Trading Down 0.2%

NYSE:EMR traded down $0.33 during mid-day trading on Friday, reaching $162.28. The company’s stock had a trading volume of 2,646,960 shares, compared to its average volume of 2,874,288. The stock has a market cap of $90.89 billion, a P/E ratio of 33.95, a P/E/G ratio of 2.31 and a beta of 1.23. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.90 and a quick ratio of 0.66. The company’s fifty day simple moving average is $157.91 and its two-hundred day simple moving average is $147.61. Emerson Electric Co. has a twelve month low of $122.64 and a twelve month high of $172.00.

Emerson Electric (NYSE:EMR) last posted its earnings results on Wednesday, November 4th. The industrial products company reported $1.86 earnings per share for the quarter, beating the consensus estimate of $1.85 by $0.01. The business had revenue of $5.20 billion for the quarter, compared to analyst estimates of $5.11 billion. Emerson Electric had a net margin of 13.83% and a return on equity of 17.58%. The business’s quarterly revenue was up .0% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.62 EPS. On average, equities analysts predict that Emerson Electric Co. will post 7.21 EPS for the current year.

Emerson Electric Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 10th. Shareholders of record on Friday, November 13th will be given a $0.5950 dividend. This represents a $2.38 annualized dividend and a yield of 1.5%. This is a boost from Emerson Electric’s previous quarterly dividend of $0.5550. The ex-dividend date is Friday, November 13th. Emerson Electric’s dividend payout ratio (DPR) is presently 46.44%.

Analyst Ratings Changes

EMR has been the topic of a number of analyst reports. KeyCorp lifted their price objective on Emerson Electric from $170.00 to $200.00 and gave the stock an “overweight” rating in a research report on Thursday. Stephens lifted their price objective on Emerson Electric from $155.00 to $160.00 in a research note on Thursday, August 6th. DA Davidson boosted their target price on Emerson Electric from $145.00 to $155.00 and gave the stock a “neutral” rating in a research note on Monday, August 24th. Weiss Ratings upgraded Emerson Electric from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, October 8th. Finally, Morgan Stanley lowered their price objective on shares of Emerson Electric from $145.00 to $140.00 and set an “underweight” rating on the stock in a research report on Tuesday. One analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $175.38.

Insider Buying and Selling at Emerson Electric

In other news, CEO Surendralal Karsanbhai sold 9,650 shares of the stock in a transaction on Tuesday, August 11th. The stock was sold at an average price of $161.91, for a total value of $1,562,431.50. Following the completion of the sale, the chief executive officer owned 271,743 shares in the company, valued at $43,997,909.13. This represents a 3.43% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.23% of the stock is owned by company insiders.

Emerson Electric News Summary

Here are the key news stories impacting Emerson Electric this week:

• Positive Sentiment: Emerson’s fourth-quarter results beat expectations, while orders rose 14%, pointing to solid demand. Emerson Q4 earnings beat as orders jump 14%
• Positive Sentiment: Several firms lifted their targets and maintained bullish ratings: BNP Paribas Exane and KeyCorp set targets of $200, Citigroup $198, and RBC and Bernstein $196. Jefferies also raised its target to $200. These revisions signal stronger analyst optimism. BNP Paribas Exane ratings Jefferies raises target
• Positive Sentiment: Emerson raised its quarterly dividend 7.2% to $0.595 per share, extending its annual dividend-growth streak to 71 years. The increase supports the income-investor case, although the yield is relatively modest. Emerson raises dividend
• Neutral Sentiment: Recent coverage says analysts are broadly upbeat and cites LNG investment and reshoring as potential growth tailwinds, while acknowledging that the stock’s valuation is rich. Analyst estimates and ratings LNG and reshoring analysis
• Negative Sentiment: A separate Morgan Stanley forecast was characterized as pessimistic, providing a cautionary counterpoint to the recent analyst upgrades. Morgan Stanley forecast

Emerson Electric Company Profile

Emerson Electric Co is a global technology and engineering company focused on automation. It develops products and systems that help industrial and commercial customers monitor and control operations, including measurement instruments, control systems, valves, actuators, and industrial software.

The company serves customers across industries and regions worldwide. Its portfolio includes technologies for process and factory automation, as well as software used to design, operate, and optimize industrial facilities.

Founded in 1890 and headquartered in St.